I have been attending a conference on Prepaid this week, one of the largest of its
kind with over 300 delegates all focused upon this burgeoning market. The fact
so many are attending says something, and most of these attendees appear to be
from organisations other than banks. Transit authorities, mobile telephones
operators, governments, utilities, retailers … oh yes, and MasterCard, Visa
Initially, I thought: what’s the big deal about prepaid? It’s just another
payment type, like credit and debit isn’t it?
Well, maybe not.